204, Collective Tower 2
Sold prices and rental history: sold once, by the developer in October 2018, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 204, Collective Tower 2
What is 204 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 27 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 731 sqft
- Floor
- 2nd of 16
- Parking
- B1-269
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 2,000 /yr
- Last sold
- AED 1.04M · October 2018
- Building
- Collective Tower 2
About 204, Collective Tower 2
204 is a two-bedroom apartment of 731 sqft on the 2nd floor of Collective Tower 2, a 16-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. The developer sold it on 24 October 2018 for AED 1,036,888, or AED 1,418 per sqft, in line with the AED 1,393 two-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 27 September 2024, is AED 98,000 a year: a gross yield of 9.4% on the 2018 price, before the service charge of about AED 2,000 a year.
Sales and rents for 204 over time
204 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Collective Tower 2, and where 204 sits
All 102 2-beds →204 last sold in October 2018 at AED 1,418 per sqft, in line with what two-beds in Collective Tower 2 were fetching at the time (AED 1,393). Over the last 12 months two-beds sold for AED 1,400,000 to 1,850,000, around AED 2,229 per sqft, and rent for AED 90,000 to 145,000 a year. 204's AED 98,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Feb 202611 February 2026 | 743 sqft | 1,650,000 | 2,220 | ||
| 20 Jan 202620 January 2026 | 746 sqft | 1,670,000 | 2,238 | ||
| 23 Dec 202523 December 2025 | 743 sqft | 1,400,000 | 1,884 | ||
| 17 Dec 202517 December 2025 | 723 sqft | 1,640,000 | 2,267 |
Collective Tower 2
Building224 apartments, 1-bed to 2-bed over 16 floors in Dubai Hills Estate, completed in 2022 by Dubai Hills Estate. 10 sold in the last 12 months.
- Typical price per sqft
- AED 2,394 Down 2.6%
- Typical sale
- AED 1.5M
- Typical rent
- AED 92K /yr
- Typical yield
- 6.9%
Other units on the 2nd floor
All 224 units in Collective Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 483 sqft | AED 777KAED 777,000 · Jun 2022June 2022 | 84,000 /yr | |
| 202 | 1-bed | 476 sqft | AED 1.3MAED 1,300,000 · Apr 2025April 2025 | 68,000 /yr | |
| 203 | 1-bed | 474 sqft | AED 1.2MAED 1,200,000 · Mar 2025March 2025 | 92,000 /yr | |
| 205 | 2-bed | 746 sqft | AED 1.04MAED 1,036,888 · Mar 2019March 2019 | 80,000 /yr | |
| 206 | 1-bed | 484 sqft | AED 536KAED 536,249 · Dec 2020December 2020 | 80,000 /yr | |
| 207 | 2-bed | 725 sqft | AED 1.01MAED 1,011,888 · Sep 2018September 2018 | ||
| 208 | 2-bed | 723 sqft | AED 1.65MAED 1,650,000 · May 2024May 2024 | 127,000 /yr | |
| 209 | 743 sqft | AED 1.73MAED 1,730,000 · Oct 2025October 2025 | 105,000 /yr | ||
| 210 | 1-bed | 482 sqft | AED 683KAED 682,888 · Feb 2019February 2019 | 71,500 /yr | |
| 211 | 1-bed | 476 sqft | AED 885KAED 885,000 · Apr 2023April 2023 | 85,000 /yr | |
| 212 | 2-bed | 729 sqft | AED 1.12MAED 1,119,888 · Dec 2021December 2021 | 78,750 /yr | |
| 213 | 2-bed | 746 sqft | AED 1.01MAED 1,014,888 · Mar 2019March 2019 | 110,000 /yr | |
| 214 | 1-bed | 486 sqft | AED 750KAED 750,000 · Aug 2022August 2022 | 90,000 /yr | |
| 215 | 1-bed | 486 sqft | AED 689KAED 688,888 · Feb 2019February 2019 | 85,000 /yr | |
| 216 | 1-bed | 486 sqft | AED 689KAED 688,888 · Feb 2019February 2019 | 60,375 /yr | |
| 217 | 2-bed | 743 sqft | AED 1.04MAED 1,036,888 · Mar 2019March 2019 | 115,000 /yr |
204, Collective Tower 2 in numbers
- Sold once: by Dubai Hills Estate on 24 October 2018 for AED 1,036,888, or AED 1,418 per sqft.
- Rented since June 2022 on 3 Ejari contracts, from AED 72,000 to AED 98,000 a year.
- At AED 98,000 a year the gross yield on the 2018 price is 9.4%, before a service charge of about AED 2,000 a year (AED 2.70 per sqft).
- Two-beds in Collective Tower 2 sold for AED 1,400,000–1,850,000 in the 12 months to November 2026; the building's median across all types is AED 2,394 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 27 September 2024.
Questions about 204, Collective Tower 2
What did unit 204 last sell for?
AED 1,036,888 on 24 October 2018, sold by the developer: AED 1,418 per sqft for 731 sqft. It is the only registered sale of the unit.
What is the rent for unit 204?
AED 98,000 a year on the contract signed on 27 September 2024. The previous contract, from June 2023, was AED 72,000; the unit has been rented since June 2022.
How big is unit 204?
731 sqft (67.9 sqm): a two-bedroom apartment on the 2nd floor of a 16-storey tower completed in 2022.
What is unit 204 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Collective Tower 2 sold for AED 1,400,000 to 1,850,000 in the last 12 months, around AED 2,229 per sqft.
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Mortgage on 204, Collective Tower 2
Starts from the last sale price (AED 1.04M, 24 October 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,036,888
- Deposit, UAE resident (20%)
- AED 207,378
- Deposit, non-resident (40%)
- AED 414,755
- Monthly over 25 years at 3.7%
- AED 4,242
Plus AED 48,560 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →